28 Chaleyer Street, Glen Iris VIC 3146

This property is bound to appeal to renovators, developers, first home buyers or young families seeking to establish themselves in the sought after family-friendly Glen Iris market and capitalize on the lifestyle and amenities available here. This generous allotment of 692sqm approx. is ideal for the construction of a luxurious new family residence with the inclusion of a pool if desired or a new dual townhouse development. Alternatively there is potential to renovate and extend the home if preferred (all options STCA). With either option promising excellent capital gains prospects in one of Melbourne's popular residential precincts.

The site is currently occupied by a classic clinker brick family home owned by the same family since it was built in the mid-1950s. The largely unrenovated and flexible interior offers family warmth from another time; featuring an entrance foyer opening to a spacious living and separate dining room, three or four bedrooms, and the fourth could be an informal living room or home office, large central kitchen/meals plus a period-style bathroom, laundry and separate WC. Other features include Rinnai Gas heater and R/C air conditioner (sitting room), extensive under house storage and a carport. Buyers should note it presents in excellent order throughout and could be comfortably occupied or leased while a decision on its future is made.

Enhancing its family credentials is its position in a quiet family-friendly area close to the Madeline or Liston Street Reserves, Hartwell Sports Ground, moments from Ashburton amenities including the Recreation Centre and Park, Anniversary Trail, shopping options, Ashburton or Burwood station and bus services; plus numerous schools including walking distance to Ashburton Primary School and St Michael's Primary School, while PLC and Rowen kindergarten are nearby.